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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fuelcell Energy (FCEL) Debt to Equity (2016 - 2026)

Fuelcell Energy's Debt to Equity history spans 17 years, with the latest figure at $0.03 for Q1 2026.

  • For Q1 2026, Debt to Equity fell 2.14% year-over-year to $0.03; the TTM value through Jan 2026 reached $0.03, down 2.14%, while the annual FY2025 figure was $0.02, 0.33% changed from the prior year.
  • Debt to Equity for Q1 2026 was $0.03 at Fuelcell Energy, up from $0.02 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.03 in Q3 2025 and bottomed at $0.01 in Q3 2023.
  • The 5-year median for Debt to Equity is $0.02 (2022), against an average of $0.02.
  • The largest annual shift saw Debt to Equity tumbled 63.44% in 2022 before it skyrocketed 75.06% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.02 in 2022, then dropped by 24.7% to $0.01 in 2023, then skyrocketed by 65.96% to $0.02 in 2024, then increased by 0.33% to $0.02 in 2025, then rose by 7.01% to $0.03 in 2026.
  • Per Business Quant, the three most recent readings for FCEL's Debt to Equity are $0.03 (Q1 2026), $0.02 (Q4 2025), and $0.03 (Q3 2025).